Special Allocations Regarding LTIP Units. (1) In the event that Liquidating Gains or Liquidating Losses are allocated under this Section 6.3.B, Net Income allocable under Section 6.2.B.1 and any Net Losses shall be recomputed without regard to the Liquidating Gains or Liquidating Losses so allocated.
Appears in 5 contracts
Samples: Agreement (Excel Trust, Inc.), Agreement (Excel Trust, Inc.), Agreement (Shearson American REIT, Inc.)
Special Allocations Regarding LTIP Units. (1i) In the event that Liquidating Gains or Liquidating Losses are allocated under this Section 6.3.B6.3(b), Net Income allocable under Section 6.2.B.1 and any Net Losses Loss shall be recomputed without regard to the Liquidating Gains or Liquidating Losses so allocatedallocated (subject to any prior allocation of Net Income or Net Loss otherwise provided for).
Appears in 3 contracts
Samples: NorthStar Realty Europe Corp., NorthStar Realty Europe Corp., Northstar Realty Finance Corp.
